Retail Space for Sale in East Ridge-John Ross Rd

Retail-Commercial for Sale
Catylist Listing ID: 29978738
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 2,886 SF
Gross Land Area: 0.44 - 0.50 Acres
Sale Price: $164,000
Unit Price: $56.83 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2017

Overview / Comments

1031 John Ross Road is currently designed and used as a Salon. The space has the potential for a multitude of businesses. Salon, massage therapy, small business office - to name a few. A Day Care would be perfect in this location with East Ridge Elementary located directly across the street.
This property sits on nearly a half acre, level lot, with ample parking for nearly any business! Nearby Ringgold Road offers a traffic count of over 23,000! The possibilities are endless at this location.
There is an apartment upstairs that is currently rented on a month to month basis, but would be perfect for an owner/ user - or continue to rent out! The choice is yours. Current tenant paying $650 per month.

Annual Real Estate Taxes: $1,854.62

All Salon equipment is negotiable.

Salon is also listed for Lease!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 168E N 007
Zoning: C2 AND O2
Retail Clientele: General, Other
Property Located Between: Ringgold Road and Greens Lake Road
Property Visibility: Good
Largest Nearby Street: Ringgold Road
Feet of Frontage: 150
Traffic/Vehicle Count: 23,000
Highway Access: Easy access to I75
Airports: Chattanooga Metropolitan Airport
Area Description: small commercial, residential, schools
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1945
Year Renovated: 1992
Parking Type: Surface
Parking Description: Ample parking for business.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: C-2 and O-2
Lot Frontage: 150
Lot Depth: 147
Water Service: Municipal
Sewer Type: Storm
Land Ownership: Owner
Legal Description: Lt 15 Blk B 1st Unit Kingwood Est Pb 12 Pg 52 0325 15 03


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,799 76,049 147,323
Median Age: 40.92 36.44 37.3
Households: 5,293 30,555 60,911

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